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Regulation

NYAG outlines benefits and risks of AI in anticipation of potential regulation
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9 August, 2024

NYAG outlines benefits and risks of AI in anticipation of potential regulation

Key benefits included AI’s application in the healthcare sector and the streamlining of administrative tasks, while possible risks include algorithmic...
New bill pushes blockchain use in US Veterans Affairs
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9 August, 2024

New bill pushes blockchain use in US Veterans Affairs

Rep. Nancy Mace introduced a bill that pushes the U.S. Department of Veterans Affairs to explore how blockchain can enhance...
‘Crypto’-friendly Customers Bank hit with Fed Reserve enforcement action
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9 August, 2024

‘Crypto’-friendly Customers Bank hit with Fed Reserve enforcement action

The Fed Board hit Customers Bank with an enforcement action after results of inspections carried out by the central banking...
Ripple fined $125 million, barred from future securities law violations
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8 August, 2024

Ripple fined $125 million, barred from future securities law violations

U.S. District Judge Analisa Torres gave Ripple 30 days to pay its $125 million penalty while permanently restraining and enjoining...
Qatar exploring tokenization despite digital currency ban
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8 August, 2024

Qatar exploring tokenization despite digital currency ban

The Qatar Financial Centre launched the Digital Assets Labs and is now welcoming the first cohort of 20 participants who...
Binance protests $86M tax bill for unauthorized operations in India
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7 August, 2024

Binance protests $86M tax bill for unauthorized operations in India

India's Directorate General of GST Intelligence unit has issued a show cause notice to Binance demanding a GST payment of...
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